Snap (NYSE: SNAP) CFO receives 983,607 RSUs vesting over 3 years

Rhea-AI Filing Summary

Snap Inc.’s Chief Financial Officer Derek Andersen received 983,607 Class A RSUs on February 3, 2026 at an effective price of $0.00 per share. After this award, he beneficially owns 3,955,658 Class A common shares.

The RSUs represent a right to receive one share of Class A common stock per unit. They vest in equal quarterly installments over 36 months of continuous service starting on November 15, 2025. If Andersen dies while still in continuous service, all unvested RSUs become fully vested immediately.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Andersen Derek

(Last) (First) (Middle)

C/O SNAP INC.

3000 31ST STREET

(Street)

SANTA MONICA CA 90405

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Snap Inc [ SNAP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/03/2026		A		983,607(1)	A	$0.00	3,955,658	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares issuable on settlement of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. These RSUs shall vest in equal quarterly installments during the 36-month period of the reporting person's continuous service from November 15, 2025. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.

	/s/ Atul Porwal, Attorney-in-fact	02/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity award did Snap (SNAP) grant to its CFO Derek Andersen?

Snap granted Derek Andersen 983,607 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Snap’s Class A common stock, providing him with a significant stock-based compensation grant tied to ongoing service with the company.

How and when do Derek Andersen’s new Snap (SNAP) RSUs vest?

The RSUs vest in equal quarterly installments over 36 months. Vesting begins from November 15, 2025, and requires Derek Andersen’s continuous service with Snap, aligning the award with medium-term retention and performance horizons for the Chief Financial Officer.

What happens to Derek Andersen’s Snap RSUs if he dies while employed?

If Derek Andersen dies while in continuous service, 100% of his RSUs vest immediately. This acceleration provision means all unvested restricted stock units convert into fully vested rights to Class A common stock upon his death.

How many Snap (SNAP) shares does Derek Andersen own after this RSU grant?

After the reported RSU grant, Derek Andersen beneficially owns 3,955,658 shares of Class A common stock. This figure includes the 983,607 shares underlying the newly granted restricted stock units, as disclosed in the insider ownership table.

Did Derek Andersen pay anything for the newly granted Snap RSUs?

No, the RSUs were granted at an effective price of $0.00 per share. The award is a form of equity compensation, so Andersen is not required to pay cash to receive the underlying Class A common shares upon vesting.